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Dividend Program
9 Months Ended
Jan. 27, 2019
Text Block [Abstract]  
Dividend Program

24. Dividend Program

On February 27, 2019, we announced that our board of directors approved a quarterly cash dividend of $0.10 per share. This payment will be made on April 15, 2019, to shareholders of record as of April 1, 2019.

During the nine months ended January 27, 2019, dividend payments totaled $3.5 million, which represented quarterly dividend payments ranging from $0.09 per share to $0.10 per share. During the nine months ended January 28, 2018, dividend payments totaled $5.7 million, of which $2.6 million represented a special cash dividend payment of $0.21 per share, and $3.1 million represented quarterly dividend payments ranging from $0.08 per share to $0.09 per share.

Future dividend payments are subject to board approval and may be adjusted at the board’s discretion as business needs or market conditions change.